American Century Companies Inc. Sells 583,727 Shares of The Estee Lauder Companies Inc. $EL

American Century Companies Inc. decreased its position in The Estee Lauder Companies Inc. (NYSE:ELFree Report) by 14.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,429,999 shares of the company’s stock after selling 583,727 shares during the quarter. American Century Companies Inc. owned approximately 0.95% of Estee Lauder Companies worth $302,252,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Estee Lauder Companies by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company’s stock worth $1,709,000 after purchasing an additional 1,177 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Estee Lauder Companies by 33.4% during the 1st quarter. NewEdge Advisors LLC now owns 6,992 shares of the company’s stock worth $462,000 after buying an additional 1,749 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Estee Lauder Companies by 24.1% in the 1st quarter. Empowered Funds LLC now owns 4,619 shares of the company’s stock worth $305,000 after buying an additional 898 shares during the last quarter. Oppenheimer Asset Management Inc. grew its holdings in shares of Estee Lauder Companies by 15.3% in the second quarter. Oppenheimer Asset Management Inc. now owns 22,328 shares of the company’s stock valued at $1,804,000 after acquiring an additional 2,965 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Estee Lauder Companies by 22.0% in the second quarter. Envestnet Asset Management Inc. now owns 171,149 shares of the company’s stock valued at $13,829,000 after acquiring an additional 30,854 shares in the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on EL. Deutsche Bank Aktiengesellschaft lifted their price target on Estee Lauder Companies from $124.00 to $128.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Raymond James Financial raised Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 target price for the company in a research report on Monday, January 5th. JPMorgan Chase & Co. lowered their target price on Estee Lauder Companies from $131.00 to $121.00 and set an “overweight” rating on the stock in a research note on Friday, February 6th. Weiss Ratings reissued a “sell (d)” rating on shares of Estee Lauder Companies in a report on Thursday, January 22nd. Finally, Argus upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Estee Lauder Companies has a consensus rating of “Hold” and an average price target of $104.43.

View Our Latest Report on Estee Lauder Companies

Estee Lauder Companies Trading Down 2.3%

Shares of EL opened at $109.33 on Friday. The Estee Lauder Companies Inc. has a 1-year low of $48.37 and a 1-year high of $121.64. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.36 and a quick ratio of 1.00. The company has a market capitalization of $39.55 billion, a P/E ratio of -218.65, a P/E/G ratio of 1.25 and a beta of 1.14. The firm’s 50 day simple moving average is $110.89 and its 200 day simple moving average is $99.33.

Estee Lauder Companies (NYSE:ELGet Free Report) last released its earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05. The business had revenue of $4.23 billion for the quarter, compared to analysts’ expectations of $4.22 billion. Estee Lauder Companies had a positive return on equity of 17.59% and a negative net margin of 1.21%.The firm’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.62 earnings per share. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. Sell-side analysts forecast that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current fiscal year.

Estee Lauder Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, February 27th. Estee Lauder Companies’s payout ratio is presently -280.00%.

Estee Lauder Companies Company Profile

(Free Report)

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.

See Also

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Institutional Ownership by Quarter for Estee Lauder Companies (NYSE:EL)

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